Dear Readers, The List of important Banking Awareness Quiz for upcoming exams was given here. Candidates those who are preparing for the exams can use this.
Answer: a)
2). What is/are the main functions of RBI?
Answer: d)
3). Payment of a cheque cannot be made on a cash counter of the bank if the cheque is:-
Answer: b)
4). What is the term used for a deposit with a bank that locks up money for a certain period but also provides an option of premature withdrawal which may attract a penalty?
Answer: b)
5). The soon to be set up proposed Micro Units Development Refinance Agency (Mudra) Bank will be first set up as a subsidiary of the
Answer: d)
6). Service Area Approach (SAA) is associated With?
Answer: d)
7). The credit policy of a bank does not consists of?
Answer: b)
8). Which of the following is the first commercial bank ?
Answer: d)
9). Imperial Bank of India was nationalised in
Answer: a)
10). Life Insurance corporation was established in
Answer: c)
1). In India, Micro finance development and Equity fund is maintained by-
a) Small industries development Bank of India(SIDBI).
b) RBI(Reserve bank of India).
c) Nabard(National bank for Agriculture and rural development).
d) CII(Confederation of industries in India).
e) None of these
Answer: a)
2). What is/are the main functions of RBI?
(i). Notes Issuance.
(ii). Government's Banker.
(iii). Banker's Bank.
(iv). Bank's Supervision.
a) Only (i)
b) Both (ii) and (iii)
c) Both (iii) and (iv)
d) All of these
e) None of these
Answer: d)
3). Payment of a cheque cannot be made on a cash counter of the bank if the cheque is:-
a) bearer
b) cross
c) order
d) all of the above.
e) None of these
Answer: b)
4). What is the term used for a deposit with a bank that locks up money for a certain period but also provides an option of premature withdrawal which may attract a penalty?
a) Savings bank deposit
b) Term deposit
c) Recurring deposit
d) Current deposit
e) None of these
Answer: b)
5). The soon to be set up proposed Micro Units Development Refinance Agency (Mudra) Bank will be first set up as a subsidiary of the
a) NABARD
b) SBI
c) EXIM bank
d) SIDBI
e) Other than those given as options
Answer: d)
6). Service Area Approach (SAA) is associated With?
a) Development banks
b) Branches of commercial banks situated in metro cities
c) Urban branches of commercial banks
d) Rural and Semi-urban branches of commercial banks
e) None of these
Answer: d)
7). The credit policy of a bank does not consists of?
a) Quality control
b) Advertising of loan products
c) Loan product mix
d) Lending policies
e) None of these
Answer: b)
8). Which of the following is the first commercial bank ?
a) State bank of India
b) Oudh Commercial Bank a
c) Union Bank of India
d) Indian Bank
e) None of the above
Answer: d)
9). Imperial Bank of India was nationalised in
a) 1955
b) 1956
c) 1945
d) 1967
e) 1971
Answer: a)
10). Life Insurance corporation was established in
a) 1954
b) 1955
c) 1956
d) 1957
e) 1958
Answer: c)
1)a 2)d 3)b 4)b 5)d 6)d 7)b 8)d 9)a 10)c
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